196
196
Dec 11, 2012
12/12
by
CNBC
tv
eye 196
favorite 0
quote 0
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. introducing chase liquid. card hassles? the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. >>> california's renewable energy mandate actually requires more investment in fossil fuels. that makes everything more redundant and expensive. it's all propelling more people out of california. they're going to nevada, arizona, texas. they're going everywhere except cal. here's michael reagan, political consultant and author of the new reagan revolution. thanks for coming back on. it doesn't have to be this way. this is the most screwed up state i
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. introducing chase liquid. card hassles? the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase...
255
255
Dec 17, 2012
12/12
by
CNBC
tv
eye 255
favorite 0
quote 0
so what are the opportunities that some people may not expect, bob? >> i think to some extent, our definitions of careers are outdated. we're still looking for a world where there's sort of a ladder that we move up to, that the next job is clear. instead of having multiple jobs in a career, we're going to have multiple careers in multiple industries over our lifetime. instead of having multiple jobs, we'll have multiple careers and multiple injuries, and the ceo used the term fio jobs. those are figure it out jobs. i don't know exactly what the answer is is what she's saying. they have to have the skills and are open to find new models of ways to figure it out. and that's what is happening at design schools. teaching a different way of thinking about how to adapt to prototyping through ideas as opposed to applying models. >> what do you think? >> absolutely. it's being comfortable with not quite knowing where you're going but watching it as it evolves, as what you're doing evolves. seeing people's reaction, and it iterating it and being very comfortab
so what are the opportunities that some people may not expect, bob? >> i think to some extent, our definitions of careers are outdated. we're still looking for a world where there's sort of a ladder that we move up to, that the next job is clear. instead of having multiple jobs in a career, we're going to have multiple careers in multiple industries over our lifetime. instead of having multiple jobs, we'll have multiple careers and multiple injuries, and the ceo used the term fio jobs....
149
149
Dec 18, 2012
12/12
by
CNBC
tv
eye 149
favorite 0
quote 0
bob, you go first this time? >> look, it's very tough of the company has a right to ask stores to stay open, franchisees to stay open. they need to increase their numbers. they were good last year. >> open thanksgiving. >> up 2%, helped a little bit. people who want to stay with their family should not be forced to do so. subtle pressure on franchisees to do it, put pressure on franchisees to coin. i'm not sure mcdonald's needs that image. >> i think it's terrible. people who object to it should refuse to enter mcdonald's, not just on christmas day but the entire week around christmas. send them the message we think christmas is important and we're not going to let them force employees to do this. >> john carney, they have tarnished the golden arches a bit in your opinion. thanks, guys. appreciate it. in the next hour herb greenberg will reveal the worst ceo of the year. that's coming up on st. petersburg at 2:00 p.m. eastern time. thanks, guys. back at 2:00. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what
bob, you go first this time? >> look, it's very tough of the company has a right to ask stores to stay open, franchisees to stay open. they need to increase their numbers. they were good last year. >> open thanksgiving. >> up 2%, helped a little bit. people who want to stay with their family should not be forced to do so. subtle pressure on franchisees to do it, put pressure on franchisees to coin. i'm not sure mcdonald's needs that image. >> i think it's terrible....
195
195
Dec 17, 2012
12/12
by
CNBC
tv
eye 195
favorite 0
quote 0
let's go to bob in ohio. bob. >> caller: jim, boo-yah from canton, ohio. >> oh, man. h-o-f, what's up? >> caller: i enjoy seeing your visit to timken last month but felt bad you didn't call me because i would have taken you to lunch. >> i was so busy watching the tires, i lost my head. >> caller: good team. they're a good football team. >> they're better actually -- they're better than the jags, i think. >> caller: jim, my question is on ford versus toyota. i've been a long-term holder of ford which seems to be finally doing well. do you think i should hold on to ford or invest in toyota? >> no, i think europe could turn for them. they've taken their medicine. the united states is good. i think ford is going to finally run. let's go to dan in michigan as i ignore the buzzer. dan. >> caller: hey, jim, thanks for taking my call and thanks for helping me trying to understand the stock market. >> my pleasure. thank you so much for the kind words. >> caller: my question is about w weyerhaeuser. do you think taking some profits -- >> no, no! i think this is a great housing
let's go to bob in ohio. bob. >> caller: jim, boo-yah from canton, ohio. >> oh, man. h-o-f, what's up? >> caller: i enjoy seeing your visit to timken last month but felt bad you didn't call me because i would have taken you to lunch. >> i was so busy watching the tires, i lost my head. >> caller: good team. they're a good football team. >> they're better actually -- they're better than the jags, i think. >> caller: jim, my question is on ford versus...
197
197
Dec 21, 2012
12/12
by
CNBC
tv
eye 197
favorite 0
quote 0
i wasn't being funny, bob. i know. >>> welcome back. intercontinental exchange and nyse are lower today at news of their $8 million merger. >> you get it, cold as ice? >> bob gets it. >> we never hesitate to play an old rock song from the '70s. i.c.e. is down 2.7%. i'll tell you why this is important. because you get a multiple of ice for your nyse shares, .17 shares of i.c.e., plus a tax component. as i.c.e. goes down, the money the nyse shareholders will get goes down. i.c.e. does not pay a dividend, but the nyse does. i.c.e. did commit to paying a dividend yesterday, $3 must know million is what they committed. that's very good news for nyse share hold erts. the second thing is, 28% premium for nyse shareholders. that premium is based on some significant cost energies. that's a fancy word for generally head count reduction. they were talking about $300 million in additional cost reduction on top of what they're already doing. so a lot of my friends up hstai at the nyse a little nervous about what that means for 2013. guys, back to yo
i wasn't being funny, bob. i know. >>> welcome back. intercontinental exchange and nyse are lower today at news of their $8 million merger. >> you get it, cold as ice? >> bob gets it. >> we never hesitate to play an old rock song from the '70s. i.c.e. is down 2.7%. i'll tell you why this is important. because you get a multiple of ice for your nyse shares, .17 shares of i.c.e., plus a tax component. as i.c.e. goes down, the money the nyse shareholders will get goes...
240
240
Dec 3, 2012
12/12
by
CNBC
tv
eye 240
favorite 0
quote 0
there's no evidence to suggest there is. >> what about that, bob? >> well, i have -- i have a dozen letters on my desk from the major autostating exactly what you said. the use of e-15 in vehicles prfshd prior to 2012 could cause damage to the engines. 95% of the driving public doesn't know what e-15 is. i have a question to ask my friend bob. >> very quickly. >> i have the e-15 retailers' handbook the rfa put out and it says in here some underground tank systems and equipment may not be compatible with e-15, some equipment and service stations both new and used demonstrated limited ability to safely accommodate exposure to e-15 and may violate fire codes. my question is -- >> real quick. what's your response to that? >> it doesn't -- if it isn't safe in your tanks, why would it be safe in our tanks? >> some tanks are pretty darn old. there's no mandate to use it. it's a consumer choice. there's only a handful of gas stations offering it today. ethanol is cheaper than gasoline. e-15 would be a cheaper fuel for some consumers that want to use it. >>
there's no evidence to suggest there is. >> what about that, bob? >> well, i have -- i have a dozen letters on my desk from the major autostating exactly what you said. the use of e-15 in vehicles prfshd prior to 2012 could cause damage to the engines. 95% of the driving public doesn't know what e-15 is. i have a question to ask my friend bob. >> very quickly. >> i have the e-15 retailers' handbook the rfa put out and it says in here some underground tank systems and...
129
129
Dec 17, 2012
12/12
by
CNBC
tv
eye 129
favorite 0
quote 1
joinings now is bob weedenhall, home building analyst. bob, great to see you. if you took a look at the home building stocks today, which i'm sure you did, they seem to be acting as if there was a deal on the way and not just that, but the mortgage interest deduction may be largely intact. what sort of tea leaves are you reading out of d.c. at this point? >> our general view is, there has to be some kind of deal. the deduckability of interest expense on a mortgage enhances home affordability. right now, we're at a million dollar threshold. can we flesh down to 750? conceivably, in some kind of deal. you go below $500,000, however, and you start to impact the pace and trajectory of the recovery. it will undermine the progress we made year to date in terms of getting the housing market back on track. >> the mortgage debt that is eligible right now is $1 million. when you talk about going down to 750 you wa, walk us through it will impact a homeowner's ability to take out a loan and what price point in housing we're talking about. >> so, what we're really talking
joinings now is bob weedenhall, home building analyst. bob, great to see you. if you took a look at the home building stocks today, which i'm sure you did, they seem to be acting as if there was a deal on the way and not just that, but the mortgage interest deduction may be largely intact. what sort of tea leaves are you reading out of d.c. at this point? >> our general view is, there has to be some kind of deal. the deduckability of interest expense on a mortgage enhances home...
161
161
Dec 25, 2012
12/12
by
CNBC
tv
eye 161
favorite 0
quote 0
i wasn't being funny, bob. i know. >> in october 2011, the people who knew bernie madoff best, his wife ruth and his son andrew, lived with vilification, shame, and pursuit from bankruptcy trustee irving picard and his lead counsel david sheehan. they were demanding that the madoffs cough up virtually every penny they have, claiming they, quote, "knew or should have known" about bernie's crimes. >> would you agree with mr. sheehan, the lawyer for the trustee, when sheehan says you should be ashamed, that you should give every penny back? >> well, obviously, i disagree with many of the assertions in the lawsuit that the trustee has filed against me. and i'm hopeful that, in time, we'll be able to reach a settlement, and i'll be able to put this behind me. >> picard says the sons' trading operation received millions from bernie's ponzi scheme. he is suing andrew madoff alone for $60 million, virtually every penny he earned, borrowed, or was given to him by his father over a ten-year period. let me ask a really in
i wasn't being funny, bob. i know. >> in october 2011, the people who knew bernie madoff best, his wife ruth and his son andrew, lived with vilification, shame, and pursuit from bankruptcy trustee irving picard and his lead counsel david sheehan. they were demanding that the madoffs cough up virtually every penny they have, claiming they, quote, "knew or should have known" about bernie's crimes. >> would you agree with mr. sheehan, the lawyer for the trustee, when sheehan...
115
115
Dec 24, 2012
12/12
by
CNBC
tv
eye 115
favorite 0
quote 0
i'm bob simon. in this edition, we look at the life of tech titan steve jobs, the cofounder of apple, and we also examine the unexpected impact that one of his inventions, the ipad, is having on children and parents living with autism. in 2004, jobs asked walter isaacson, a former editor of time magazine, if he would write his biography. isaacson thought the request premature since jobs was still a young man. what he didn't know at the time, and only a few people did, was that jobs was about to undergo surgery for pancreatic cancer and was feeling his mortality. in 2009, with jobs already gravely ill, isaacson began the first of more than 40 interviews with him, the last being conducted a few weeks before his death. as steve kroft first reported in october 2011, the result was the best-selling book of the year. >> when walter isaacson first began working on the book-- which is published by simon & schuster, a division of cbs--steve jobs' wife, laurene powell, told him, "be honest with his failings a
i'm bob simon. in this edition, we look at the life of tech titan steve jobs, the cofounder of apple, and we also examine the unexpected impact that one of his inventions, the ipad, is having on children and parents living with autism. in 2004, jobs asked walter isaacson, a former editor of time magazine, if he would write his biography. isaacson thought the request premature since jobs was still a young man. what he didn't know at the time, and only a few people did, was that jobs was about to...
34
34
tv
eye 34
favorite 0
quote 0
a handgun but we do know we're not allowed to talk about the role the handgun played in all of this bob costas find that out when he went on t.v. and quoted a column from box sports columnist jason whitlock who wrote our current gun culture simply ensures that more and more domestic disputes will end in the ultimate tragedy in a more convenient store confrontations over loud music coming from a car will leave more teenage boys bloodied and dead. or more disputes with teachers and faculty at schools or financial or domestic problems at home or mental illness within will leave more of our children dead in mass shootings we're told by the powerful corporate gun lobby to talk about guns and gun reform is off limits in our elected lawmakers including the one who lives in the white house apply no one talked about gun reform in a serious way just like no one talk seriously about gun reform after the aurora theater massacre earlier this year and no one talk seriously about gun reform after the sikh temple massacre and no one to argue about serious gun reform after the tucson massacre last year
a handgun but we do know we're not allowed to talk about the role the handgun played in all of this bob costas find that out when he went on t.v. and quoted a column from box sports columnist jason whitlock who wrote our current gun culture simply ensures that more and more domestic disputes will end in the ultimate tragedy in a more convenient store confrontations over loud music coming from a car will leave more teenage boys bloodied and dead. or more disputes with teachers and faculty at...
228
228
Dec 14, 2012
12/12
by
CNBC
tv
eye 228
favorite 0
quote 0
i wasn't being funny, bob. i know.
i wasn't being funny, bob. i know.
294
294
Dec 21, 2012
12/12
by
CNBC
tv
eye 294
favorite 0
quote 0
we did, bob. we did. got it. who helped make slea difference last yearose for thousands of california foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. - thank you. - thank you. gracias por su ayuda. thank you. >>> sometimes when a company stumbles, a strength of underlying themes take tibco. back on december 5th, tibco did drop the ball. company preannounced a downside. credit where credit is due, they didn't make excuses. they said their sales force didn't do a good enough job. days to follow it wasn't so strong. normally after negative preannouncement my rule of thumb is to stay away for a couple quarters to see if management has a handle on things. results were slightly better than expected which is why the stock jumped up 1.62. up 14% from where it was in wake of the reannouncemen
we did, bob. we did. got it. who helped make slea difference last yearose for thousands of california foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. - thank you. - thank you. gracias por su ayuda. thank you. >>> sometimes when a company stumbles, a strength of...
154
154
Dec 28, 2012
12/12
by
CNBC
tv
eye 154
favorite 0
quote 0
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find out from brian stoutman, an expert in hedging your portfolio against volatility. brian, good to have you with us. how are traders like yourself looking to protect themselves? >> well, certainly midday we saw options traders in the pit buying protection against their portfolio or shorting the market by buying some puts. what they did is went into the spiders, and we saw a purchase of about 5,000 puts of the 141 strength for 2.35. these options expire in two weeks so they are weekly type options and saw a lot of activity. the vix spiked extremely hard in
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find...
195
195
Dec 20, 2012
12/12
by
CNBC
tv
eye 195
favorite 0
quote 0
we did, bob. we did. got it. >>> welcome back. big announcement from the nyc euronext and i.c.e., confirming a merger deal. how does that impact your investment and your money? >> welcome to our guests. chezzy, i'll begin the conversation with you. you're down here on the floor of the stock exchange. what do you make of the news? >> it's a lot better than the one we could have had when nasdaq was looking at it a year ago. it's a pretty good fit, as most people mentioned. the future looks bright. a good niche. we're down here trading stocks and equities and trading options. the i.c.e. trades and futures and commodities. again, it's a pretty good fit. >> does it matter to you whether they keep the name new york stock exchange, a conversation we had at the very top of this program? >> no, i don't think so. >> really? >> that is -- that is the brand. >> i'm surprised that you would say that, to be honest, matt. >> you know what, in this world, they are changing everything and they are changing quickly. i think the nyse is the brand, b
we did, bob. we did. got it. >>> welcome back. big announcement from the nyc euronext and i.c.e., confirming a merger deal. how does that impact your investment and your money? >> welcome to our guests. chezzy, i'll begin the conversation with you. you're down here on the floor of the stock exchange. what do you make of the news? >> it's a lot better than the one we could have had when nasdaq was looking at it a year ago. it's a pretty good fit, as most people mentioned....
187
187
Dec 19, 2012
12/12
by
CNBC
tv
eye 187
favorite 0
quote 0
bob in connecticut, please, bob? >> caller: yes, jim. first of all, let me say boo-yah from connecticut. and, you know, a few months ago i bought a keurig coffee machine. i was so impressed, i bought the stock, which was green mountain, i paid $57 for it. my question to you is, since it's gone down so much, started to come back up, should i hold on to it? >> i'm not -- i happen to be a fan of the keurig too, but unlike victor and the old ad, he was such a fan of realmington, he bought the company. i don't want to by green mountain. it's got the red flag, the red flag of my friend herb greenberg, and when he raises issues, i don't go there. herb tells me where battlegrounds are, and when it comes to a battleground, i'd rather eat a cold corn dog. well, check that. >>> i like to revisit stocks i talk about on "mad money," and in this case like hillshire, i think it needs more time, this is a long-term turn-around story. i suggest getting it on weakness, listen, this tastes better than the dog food i ate my first year of the show. after the
bob in connecticut, please, bob? >> caller: yes, jim. first of all, let me say boo-yah from connecticut. and, you know, a few months ago i bought a keurig coffee machine. i was so impressed, i bought the stock, which was green mountain, i paid $57 for it. my question to you is, since it's gone down so much, started to come back up, should i hold on to it? >> i'm not -- i happen to be a fan of the keurig too, but unlike victor and the old ad, he was such a fan of realmington, he...
95
95
Dec 24, 2012
12/12
by
CNBC
tv
eye 95
favorite 0
quote 0
i'm bob simon. thank you for joining us. [ticking] [ticking] >> madoff. it is a name that will live in infamy. it's a tough name to live with. >> it sure is. >> in the first interview since bernie madoff's arrest, his wife ruth... >> i trusted him. >> and son andrew... >> that's who i am. my name is madoff. and i'll live with that for the rest of my life. >> speak out about crime, guilt, suicide... >> mr. madoff, what do you have to say for yourself? >> and the day bernie admitted to committing the largest financial fraud in history. >> and he said, "i have a confession to make. i've been running a ponzi scheme." [ticking] >> do you think you could pull off this scam today? >> given the same security measures? >> yep. >> easily. piece of cake. >> sam eshaghoff's scam was getting paid thousands of dollars to take the s.a.t. test for other students. he did it at least 16 times, scoring in the 97th percentile of the country. >> i would call him an academic gun for hire. that's what he was. >> welcome to 60 minutes on cnbc. i'm bob simon. in this edition, we
i'm bob simon. thank you for joining us. [ticking] [ticking] >> madoff. it is a name that will live in infamy. it's a tough name to live with. >> it sure is. >> in the first interview since bernie madoff's arrest, his wife ruth... >> i trusted him. >> and son andrew... >> that's who i am. my name is madoff. and i'll live with that for the rest of my life. >> speak out about crime, guilt, suicide... >> mr. madoff, what do you have to say for...
141
141
Dec 27, 2012
12/12
by
CNBC
tv
eye 141
favorite 0
quote 0
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and be
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. we believe the more you know, the better you trade. so we have ongoing...
170
170
Dec 20, 2012
12/12
by
CNBC
tv
eye 170
favorite 0
quote 0
i wasn't being funny, bob. i know. >>> for weeks everybody's talked about the looming fiscal cliff like it's all important, like nothing else matters. but you know what's really important, too? corporate earnings. and we've been getting some pretty swell corporate earnings for this week. take jbl. when other companies outsource their operations, they go to jabil. this is a company that has its fingers in a lot of different cookie jars. they reported last night and the numbers are fabulous. they had a 5 percent earnings increase. the stock rose 7.4%, made jabil one of the largest movers. that's why i'm glad to have here mr. main. it was the most bullish in this conference call that i've heard you in i'd say eight or nine quarters. >> i think it was a great quarter. what's gratifying is we put up our highest revenue number, in what is a lack laster environment. we feel good about the direction of the company and there are some great guys coming behind me to take over. >> you're here talking about the second half
i wasn't being funny, bob. i know. >>> for weeks everybody's talked about the looming fiscal cliff like it's all important, like nothing else matters. but you know what's really important, too? corporate earnings. and we've been getting some pretty swell corporate earnings for this week. take jbl. when other companies outsource their operations, they go to jabil. this is a company that has its fingers in a lot of different cookie jars. they reported last night and the numbers are...
100
100
Dec 17, 2012
12/12
by
CNBC
tv
eye 100
favorite 0
quote 0
rbc says that's a good sign for the stock. >> and give a shout out to our friend, bob. what is he doing with this? usg. >> another rbc call. bob wp good for this show. raising usg to 35 bucks and putting this in his firm's top pick groups. sees 10% jump in board sales. home improvement trends tend to get bet are. they will make more money on each wall board. >> i cannot get through each day without at least six cups of coffee, which is good for a company like there, caribou. >> i have to say it is my favorite coffee. but they are gone now. because privately held german company is buying caribou. interestingly enough, they coupled and bought peet's coffee. they are becoming a german starbucks competitor. if you own caribou off toy stib this morning, congratulations. cutting price target to 675 to 575, this is despite report that apple sold more than 2 million iphone 5s in three days in china. remember all of the lines, everybody freaked out. didn't matter. they had lottery ticket. still sold iphones in china eye poen is 51% of apple's total revenue. you cannot understate
rbc says that's a good sign for the stock. >> and give a shout out to our friend, bob. what is he doing with this? usg. >> another rbc call. bob wp good for this show. raising usg to 35 bucks and putting this in his firm's top pick groups. sees 10% jump in board sales. home improvement trends tend to get bet are. they will make more money on each wall board. >> i cannot get through each day without at least six cups of coffee, which is good for a company like there, caribou....
257
257
Dec 22, 2012
12/12
by
CNBC
tv
eye 257
favorite 0
quote 0
i wasn't being funny, bob. i know. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection.
i wasn't being funny, bob. i know. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection.
189
189
Dec 18, 2012
12/12
by
CNBC
tv
eye 189
favorite 0
quote 0
. >> all right, bob. thank you so much. bob pisani. so is high frequency trading ruining the markets? my next guest says absolutely, especially for the millions of individuals out there. a senate panel checking for computer-driven irregularities. take a look at what needs to happen to have the market a fair game for everybody. also ahead, dirty details revealed. walmart reportedly in another bribery scandal in mexico. are they the only company in your portfolio that should be looked at for bribery or not? let's hear what ken langone has to say about that having done business all over the world. back in a minute. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just commo
. >> all right, bob. thank you so much. bob pisani. so is high frequency trading ruining the markets? my next guest says absolutely, especially for the millions of individuals out there. a senate panel checking for computer-driven irregularities. take a look at what needs to happen to have the market a fair game for everybody. also ahead, dirty details revealed. walmart reportedly in another bribery scandal in mexico. are they the only company in your portfolio that should be looked at...
233
233
Dec 29, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
we did, bob. we did. got it. >> once again, our developing story tonight, no deal still on the fiscal cliff. president obama handing the matter over to the senate leaders and without any resolution, many people are scrambling to shore up their finances. hampton pearson has the fiscal cliff frenzy. hampton. >>? >> you got it, michelle. we're operating in an environment where, quote, uncertainty is the new normal. this is the equivalent of the last-minute christmas shopping to protect assets of going over the fiscal cliff, planners and wealth managers say it's been a banner year especially for estate planning and here's a couple of reason yes. there's a big change coming with the gift tax. right now there's a $5 million exempted and the tax rate is 35%. on midnight on new year's eve the exemption drops to 1 million and the tax rate goes on 55% and the capital gains tax rate expected to increase from 15% to 20% and the brand new 3.8% medicare tax on wage earners above 200,000 a year and a possible future cap
we did, bob. we did. got it. >> once again, our developing story tonight, no deal still on the fiscal cliff. president obama handing the matter over to the senate leaders and without any resolution, many people are scrambling to shore up their finances. hampton pearson has the fiscal cliff frenzy. hampton. >>? >> you got it, michelle. we're operating in an environment where, quote, uncertainty is the new normal. this is the equivalent of the last-minute christmas shopping to...
197
197
Dec 17, 2012
12/12
by
CNBC
tv
eye 197
favorite 0
quote 0
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> welcome back. new year bigger house. a survey shows more homeowners are planning to upsize in 2012. our diana olick with the details. >> say they want to either stay in the same sized home or upsize in their next home. no more downsizing. historically you can see homes have been getting bigger since the 1970s. but look at just the last decade. a big spike in home size peaking in 20
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent,...
203
203
Dec 19, 2012
12/12
by
CNBC
tv
eye 203
favorite 0
quote 0
we did, bob. we did. got it. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. >>> good evening bertha. >> good evening. hopefully it will be averted. the di
we did, bob. we did. got it. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our...
237
237
Dec 27, 2012
12/12
by
CNBC
tv
eye 237
favorite 0
quote 0
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you'
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. when the doctor told me that i could smoke for the first week... i'm...
59
59
Dec 26, 2012
12/12
by
CNBC
tv
eye 59
favorite 0
quote 0
>> you know, bob pisani sounds like a futures trader today. we hope he feels better. but the futures traders down here aren't hoarse at all. very little yelling. you know, it wouldn't be surprising to me to see a flat holiday shopping season if all i looked at, there are going to be a lot of bells going off here, if all i looked at was ten year note yields throughout 2012, i would make a case that things are kind of flat. yields haven't closed on their lows but they're still relatively low. they're not acting like they want to move up higher and at this point, even with the fed owning so many treasuries, a move higher will probably indicate some better prospects of economic developments ahead, not just the fact that we're obviously selling a lot of bell time down here in chicago. >> you are indeed. rick, thank you so much. >>> meantime, the president is headed back to washington early, but congress still on christmas vacation which means we are no closer to solving the fiscal cliff yet. john harwood, five days to go, i am calm today. is this the calm before the storm?
>> you know, bob pisani sounds like a futures trader today. we hope he feels better. but the futures traders down here aren't hoarse at all. very little yelling. you know, it wouldn't be surprising to me to see a flat holiday shopping season if all i looked at, there are going to be a lot of bells going off here, if all i looked at was ten year note yields throughout 2012, i would make a case that things are kind of flat. yields haven't closed on their lows but they're still relatively...
382
382
Dec 15, 2012
12/12
by
CNBC
tv
eye 382
favorite 0
quote 0
it's a sad story, bob. >> it is a sad story but very important. we focused a lot on the income tax, capital gains rate, dividends tax. this is huge for the wealthy. right now, you can give up to $10 million per couple to friends, heirs, whatever and then the tax kicks in. next year, that drops to $1 million and the rate goes from 35% to 55%. if you have a large estate, this is a huge amount of money. what's happening is you have all these wealthy families transferring millions, billions of dollars probably to their heirs in advance of this tax increase. >> in the next couple of weeks. >> it's happening right -- i've talked to trust and estate attorneys who have no time to talk to me because they're doing so many transactions for these people. >> i was reading, the president's estate tax idea, he doesn't want to go back to 35% and $5 million single, $10 million married. he wants 45% and a $1 million exemption. what i'm suggesting is either way, people are right to do what they're doing because they have the best break they're going to get right now
it's a sad story, bob. >> it is a sad story but very important. we focused a lot on the income tax, capital gains rate, dividends tax. this is huge for the wealthy. right now, you can give up to $10 million per couple to friends, heirs, whatever and then the tax kicks in. next year, that drops to $1 million and the rate goes from 35% to 55%. if you have a large estate, this is a huge amount of money. what's happening is you have all these wealthy families transferring millions, billions...
225
225
Dec 20, 2012
12/12
by
CNBC
tv
eye 225
favorite 0
quote 0
we did, bob. we did. got it. >>> today it's five days after the tragic newtown shootings temperature senator j. rockefeller entered a bill to study the impact of violent video games on children. if you're wondering why people might want to blame video games, this commercial might help explain. take a look. here now is lars larsen, nationally syndicated radio talk show host. this isn't new, lars, with video games. i was just trying to figure out some math and this is not directly, this isn't a scientific study. but i think they sold like 100 million copies and this who ahoc thing that has all of us -- we still haven't recovered, it's just awful what happened obviously. a hundred million, can you say it's happened once, twice, ten times, if you were to check cell phone users to brain tumors and you got ten out of 100 million, you'd immediately say that study makes absolutely no sense, there's no correlation whatsoever. why in this case do we need to study to make sure it's not the video games that are causi
we did, bob. we did. got it. >>> today it's five days after the tragic newtown shootings temperature senator j. rockefeller entered a bill to study the impact of violent video games on children. if you're wondering why people might want to blame video games, this commercial might help explain. take a look. here now is lars larsen, nationally syndicated radio talk show host. this isn't new, lars, with video games. i was just trying to figure out some math and this is not directly, this...
111
111
Dec 19, 2012
12/12
by
CNBC
tv
eye 111
favorite 0
quote 0
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> first solar has been ripping higher lately. the stock is up more than 160% since june 1st. but not everyone is buying into the recent run. here's what gordon johnson told "fast" last month. >> in terms of your greatest short opportunity, what would it be? >> first solar. >> first solar? >> wow. >> goes to bankruptcy? >> structurally disadvantage, i think it goes potentially into bankruptcy. what first solar does is they sell solar panels. and right now, they're not doing that. they have a u.s. project -- they have u.s. projects for which they are able to sell solar panels into, but that's not indicative of tangible demand in third party markets.
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> first solar has been ripping higher lately. the stock is up...
74
74
Dec 26, 2012
12/12
by
CNBC
tv
eye 74
favorite 0
quote 0
i wasn't being funny, bob. i know. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve.
i wasn't being funny, bob. i know. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve.
156
156
Dec 19, 2012
12/12
by
CNBC
tv
eye 156
favorite 0
quote 0
. >> reporter: as bob pisani just mentioned the discussion today is about that plan "b" that speaker boehner is offering to only raise taxes on million dollar incomes and do nothing on spending cuts until next year. the president came out into the white house briefing room said, and after talking about gun control made the argument in response to questions that they have narrowed their differences too much to walk away from negotiations now. >> i've said i'm willing to make some cuts what. separates is probably a few hundred billion dollars. the idea that we would put our economy at risk because you can't bridge that gap doesn't make a lot of sense. >> that wasn't persuasive at least publicly to house speaker boehner who faces a lot of resistance to his caucus on million dollar incomes or 400,000 or 250,000 income. he could pass plan "b" and put the ball right back in the president's lap. >> tomorrow the house will pass legislation to make permanent tax relief for nearly every american, 99.81% of the american people. then the president will have a decision to make. he can call on sen
. >> reporter: as bob pisani just mentioned the discussion today is about that plan "b" that speaker boehner is offering to only raise taxes on million dollar incomes and do nothing on spending cuts until next year. the president came out into the white house briefing room said, and after talking about gun control made the argument in response to questions that they have narrowed their differences too much to walk away from negotiations now. >> i've said i'm willing to...
70
70
Dec 10, 2012
12/12
by
CNBC
tv
eye 70
favorite 0
quote 0
bob corker was on our air earlier today, senator from tennessee and said tax rates ought to go up, then we fight about entitlement accounts and the debt limit. i think that's where we are. one thing we need to see from the white house is some sign of what they are willing to give speaker bainer to bring his caucus along on tax rates in terms of entitlement reforms. can't be for nothing. boehner has to be able to tell his members, that i'm getting a good deal, if you raise taxes for people at the top. >> okay, john, thank you very much. >>> in the meantime, if those negotiations fail, are the markets ready to handle a fall off the face fiscal cliff? joining us, david, great to have you with us. >> thank you. >> hold on, thelma. hold on louise. can will markets handle it? >> i think we can handle it. it seems to me that washington has a way of doing business and washington will continue to change the way -- or continue to do business the way they have always done it. where is us and wall street, we have to change the way we do business. >> so you don't see a big crash in markets as a fall
bob corker was on our air earlier today, senator from tennessee and said tax rates ought to go up, then we fight about entitlement accounts and the debt limit. i think that's where we are. one thing we need to see from the white house is some sign of what they are willing to give speaker bainer to bring his caucus along on tax rates in terms of entitlement reforms. can't be for nothing. boehner has to be able to tell his members, that i'm getting a good deal, if you raise taxes for people at...
158
158
Dec 10, 2012
12/12
by
CNBC
tv
eye 158
favorite 0
quote 1
and to jorge posada's point, senator bob corker was on our air earlier today and he laid out sort of what the political challenges here for republicans. take a listen. >> it sure seems to me that we're negotiating about something that makes it appear that all we are trying to do is protect the rich. er with not at all focused on entitlement changes which is the only thing that will save our country. >> so when the speaker now briefs his republican leadership colleagues about whatever was in that meeting yesterday, the trick for him is going to be to present it in a way that he gets there and continues to have support. there is mumbling and grumbling about a particular challenge to speaker boehner about republican colleagues early in the new year. that is something the speaker would like to avoid. he has it find a way to get a deal and keep his job at the same time. all of that is tricky can be tyler. >> thank you very much. let's go to the exclusive patented trade mark cliff-o-meter. are we closer to a deal? no deal. we call it right now, right in the middle. that is closer to a deal
and to jorge posada's point, senator bob corker was on our air earlier today and he laid out sort of what the political challenges here for republicans. take a listen. >> it sure seems to me that we're negotiating about something that makes it appear that all we are trying to do is protect the rich. er with not at all focused on entitlement changes which is the only thing that will save our country. >> so when the speaker now briefs his republican leadership colleagues about...
152
152
Dec 3, 2012
12/12
by
CNBC
tv
eye 152
favorite 0
quote 0
thanks, bob. bob pisani. >>> verisign getting a lift today, mary thompson is at hq. >> a turn around for the stock that fell last week. the reason, the government did renew its contract, allowing it to keep its status as the internet registry. the concern was that the government wasn't going to allow for any price increases for verisign. that's why the stock pulled back. in the wake of the number, reassessing the situation, the company on track for good revenue growth and as a result we have seen a turn-around in today's session, up more than 6%. back to you. >> ocekay, thanks mary. >>> fitch is out with its latest ratings on u.s. states. we have a look at which ones face the biggest threat from the fiscal cliff. >>> later, if you own a car but never drive it, you might be able to make some money off it. ashton kutcher and marissa mayer are backing the start up. the ceo of get-around is coming up. gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in celebration of over 75 ye
thanks, bob. bob pisani. >>> verisign getting a lift today, mary thompson is at hq. >> a turn around for the stock that fell last week. the reason, the government did renew its contract, allowing it to keep its status as the internet registry. the concern was that the government wasn't going to allow for any price increases for verisign. that's why the stock pulled back. in the wake of the number, reassessing the situation, the company on track for good revenue growth and as a...
272
272
Dec 26, 2012
12/12
by
CNBC
tv
eye 272
favorite 0
quote 1
this is what bob sounds like today. >> this is a different exchange here. >> not doing your imitation of david? >> what do you think that the seasonal factors are a major reason why the markets are holding up so well? if you look at the havens, gold, treasuries, for example, the dollar, there's no sign of panic in the haven. >> silver is down. you've seen a little bit of a lift in the vix, closer to 20. that's not bad, a normalization type of thing. treasuries have sold off a little bit. that means the patient is leaving the hospital. the patient was on intensive care earlier in the year back in june. the biggest day of the year was june 19th. that's the day of the second greek election when that guy came in who did not take them out of euro to. meet biggest things that happened this year were things that didn't happen. no greece exit, no china hard landing and no u.s. slipping into a recession. therefore, the market has been able to lift. >> the last thing that may not happen is the fiscal cliff resolution, too. that could throw an iron in the fire. we've all got to be mindful of the
this is what bob sounds like today. >> this is a different exchange here. >> not doing your imitation of david? >> what do you think that the seasonal factors are a major reason why the markets are holding up so well? if you look at the havens, gold, treasuries, for example, the dollar, there's no sign of panic in the haven. >> silver is down. you've seen a little bit of a lift in the vix, closer to 20. that's not bad, a normalization type of thing. treasuries have sold...
174
174
Dec 19, 2012
12/12
by
CNBC
tv
eye 174
favorite 0
quote 1
thanks, bob. see you later. >>> something called a wealth management product has gone bust in china, making headlines across the country and leading to protests outside a bank in shanghai. is this the canary in the coal mine for a chinese banking crisis? our michelle michelle caruso-cabrera is here with more. >> we're absolutely raising a red flag about a potential blowup within the chinese banking system. a financial product sold to investors in shanghai last year which was supposed to pay interest between 11% and 13% in one year, when it came due in late november, investors got zero, nothing. they lost both principle and interest. $22.5 million worth in total. the money was supposed to be invested in a pawnshop, two car dealershi dealerships, and entertainment venue. the investors who claimed they were told the product was risk free protested in front of the bank for days. those protests made headlines across the country. analysts believe this is the first time this type of product known as a we
thanks, bob. see you later. >>> something called a wealth management product has gone bust in china, making headlines across the country and leading to protests outside a bank in shanghai. is this the canary in the coal mine for a chinese banking crisis? our michelle michelle caruso-cabrera is here with more. >> we're absolutely raising a red flag about a potential blowup within the chinese banking system. a financial product sold to investors in shanghai last year which was...
225
225
Dec 14, 2012
12/12
by
CNBC
tv
eye 225
favorite 0
quote 0
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> stocks went up a little bit at the end of the day on news of the boehner-obama meeting. but they still finished pretty near the lows. my next guest says it's due to cliff fears. washington wake up, get the job done, don't raise our taxes. let's bring back brian kelly. look, it's better that they talk than they don't talk. >> absolutely. if you look at the futures tonight, the market seems to like it. it's up. they'r
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with...
279
279
Dec 7, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 0
. >> bob and michelle are here. and my biggest question, if all the companies are pulling the give dends forward, the u.s. government thinks it will be taking in x amount based on what they would normally get for dividends plus whatever the hirer rate is going to be. it will drop substantially, correct? >> you'll get leads and lags in the revenues. a lead into this year, a lag next year. pretty obvious how this works. in terms of tax planning, let hope they know to take account of this. the argument will argue how great this is working and when there's a shortfall, how did that happen. so i hope we don't go that route. but this administration has been very big on these kinds of things, basically distorting what's going on and this current thing about the mandate really bothers me. so i woouldn't -- >> i think the challenge is being forward looking. there's big challenges not just because the challenge in terms of getting all the information, but also if win terms of trying make the budget numbers look good and you n
. >> bob and michelle are here. and my biggest question, if all the companies are pulling the give dends forward, the u.s. government thinks it will be taking in x amount based on what they would normally get for dividends plus whatever the hirer rate is going to be. it will drop substantially, correct? >> you'll get leads and lags in the revenues. a lead into this year, a lag next year. pretty obvious how this works. in terms of tax planning, let hope they know to take account of...
190
190
Dec 28, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
. >> let's go to the futures pits where bob iaccino is standing together. >> would you say chee-no, bob? >> would you like it in english or italian? >> iaccino. with that singing. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain the volatility issue at a minimum. where do we go over the next two days of trading? we have today, we have monday and obviously we don't have tuesday. >> well, i don't know that we do a whole lot. i believe markets are just on the sidelines since before the start of the holidays for the most part. i believe there were some people holding out waiting for a fiscal cliff solution. i think we're going over the cliff, but we're grabbing one of those cartoon roots sticking out as we go over it. i think it will be a matter of days before just the political pressure of going over the cliff causes them to do about a 12-month deal. it's just -- i don't know. i hesitate to say the w
. >> let's go to the futures pits where bob iaccino is standing together. >> would you say chee-no, bob? >> would you like it in english or italian? >> iaccino. with that singing. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain...
173
173
Dec 18, 2012
12/12
by
CNBC
tv
eye 173
favorite 0
quote 0
we had senator bob corker on earlier who took issue with that. he said, that may be movement, but a deal is still a long way off. we just spoke with senator kent conrad who said this is the makings of a teal from here. a lot of questions of how to characterize what we're hearing from the two sides overnight. the street is still going to be watching that. "the new york times" reports the final settlement is likely to be close to the $870 million set aside by the company. the criminal case deals with an investigation related to sales of two anemia drugs. most of the ten whistleblowers are expected to be unsealed for the first time today. >> coming up, our guest host this morning has been larry lindsay. we'll give him the last word when "squawk box" returns. tomorrow, we'll talk the markets, the economy and fiscal cliff and more. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can
we had senator bob corker on earlier who took issue with that. he said, that may be movement, but a deal is still a long way off. we just spoke with senator kent conrad who said this is the makings of a teal from here. a lot of questions of how to characterize what we're hearing from the two sides overnight. the street is still going to be watching that. "the new york times" reports the final settlement is likely to be close to the $870 million set aside by the company. the criminal...
301
301
Dec 24, 2012
12/12
by
CNBC
tv
eye 301
favorite 0
quote 1
we did, bob. we did. got it. >>> if you notice unusual trades happening today, it might be because of those gentlemen. >> and ladies. >> they'll ring the opening bell. >> we'll tell you more about that in a couple of minutes. in the meantime -- >> they are gentlemen. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the
we did, bob. we did. got it. >>> if you notice unusual trades happening today, it might be because of those gentlemen. >> and ladies. >> they'll ring the opening bell. >> we'll tell you more about that in a couple of minutes. in the meantime -- >> they are gentlemen. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson...
143
143
Dec 21, 2012
12/12
by
CNBC
tv
eye 143
favorite 0
quote 0
i have the exact guest we need today, tennessee senator bob corker. welcome, bob corker. i want to start out with a little bit here, know your players. when i go to a game i buy a program so you know the players. but misrepresenting the outcome of the election, listen, the president, more on social issues, the people of this country are concerned about deficits too. there was no mistake the power still remains to the fiscal conservatives in the house. by dismissing the fact that when you spend $3.8 trillion and it results in going to be four years running of over $1 trillion deficits, to talk about $70 billion of savings or deficit reduction by taxing the upper 2%, the 7% nonsolution, well, they didn't take them serious. the media spins it and this is what happens. i'm not surprised by the vote, senator. are you? >> republicans are unified wanting to reduce spending and especially focus on entitlement reform. so it is amazing, rick, in a country as great as ours where every developed country in the world knows our greatest threat is solvency, fiscal solvency, that we have
i have the exact guest we need today, tennessee senator bob corker. welcome, bob corker. i want to start out with a little bit here, know your players. when i go to a game i buy a program so you know the players. but misrepresenting the outcome of the election, listen, the president, more on social issues, the people of this country are concerned about deficits too. there was no mistake the power still remains to the fiscal conservatives in the house. by dismissing the fact that when you spend...
158
158
Dec 16, 2012
12/12
by
CSPAN2
tv
eye 158
favorite 0
quote 0
i was a big part of the mansion group, bob segar, hung out there every weekend with my italian mother's knowledge. [laughter] i just wanted to know about that and another part, understood in your blog on the free press that no one's written a book about young. is that your next adventure? >> no, i don't think i can -- [laughter] i think i ought to step away. >> that's the most loaded question i've heard in months. [laughter] >> i do stand by that. i think this is a great biography -- crazy that -- >> well, there have been books written about him, and they are much more academic. i -- spilling beans that are not mine here, i suppose, but i know there's projects in the works to either do a biography or a documentary next year, municipal elections, will be 20 # years since he stepped down. >> oh, wow. >> so that's sort of a good time to try to pitch to, you know, people to get money to actually do it so maybe someday. >> well, good, good. yeah, as for the music stuff, that's partly why i kind of had to leave detroit to actually write the book because part of me wanted to write every book a
i was a big part of the mansion group, bob segar, hung out there every weekend with my italian mother's knowledge. [laughter] i just wanted to know about that and another part, understood in your blog on the free press that no one's written a book about young. is that your next adventure? >> no, i don't think i can -- [laughter] i think i ought to step away. >> that's the most loaded question i've heard in months. [laughter] >> i do stand by that. i think this is a great...
233
233
Dec 17, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
some other numbers on wednesday. >> bob, thanks a lot. bob pisani. kayla tausche has the market flash. >> carl, we've been back and forth about whether the reception of the iphone 5 in china is going to be good or bad. some checks on friday said it was muted. that led suppliers down. we're seeing them see some relief from that pressure. today may be a correction from that downtrade on friday. qualcomm one of the best trades today, also skyworks solutions. also favorable moves for avago and cirrus logic. >> the likes of fedex, oracle and rim reporting results. what do you need to know before the results come out? let's bring in christine short, senior managing of s&p capital iq. >> great to see you, thank you. >> what's amazing is the -- how the expectations for income or earnings have come down just since october 1st, right? >> right. and you're right. they've completely cratered. if you recall back during the third quarter earnings season, when we entered the season, we were seeing third quarter estimates were negative. we were looking at fourth qua
some other numbers on wednesday. >> bob, thanks a lot. bob pisani. kayla tausche has the market flash. >> carl, we've been back and forth about whether the reception of the iphone 5 in china is going to be good or bad. some checks on friday said it was muted. that led suppliers down. we're seeing them see some relief from that pressure. today may be a correction from that downtrade on friday. qualcomm one of the best trades today, also skyworks solutions. also favorable moves for...
338
338
Dec 11, 2012
12/12
by
FOXNEWSW
tv
eye 338
favorite 0
quote 1
only because of the union contracts. >> bob: c'mon, bob. you can find a video like this. >> bob: i can find it in every right to work state in the south lunch break. >> eric: they'd get fired. >> kimberly: they're not from texas. >> bob: they don't get fired in the south? >> eric: chrysler said we don't like to decision. we would have fired them but they can't. >> kimberly: they have protection. bostonright to work means whoever is not a union member gets the sweat they put in to it to get the good jobs. they're scabs because they don't put in the union political fund. >> dana: 24 states have lower unemployment rate and other states are not right to work, while shouldn't michigan, at least they have a democratic process. it's passed. the governor has been thoughtful about it. people, majority of people support it. why not let them try something that would alter history? >> kimberly: why not? >> bob: why not bad handguns in countries that don't have murder. here we ban them and it -- >> greg: the funny thing is we talk about greece, but befo
only because of the union contracts. >> bob: c'mon, bob. you can find a video like this. >> bob: i can find it in every right to work state in the south lunch break. >> eric: they'd get fired. >> kimberly: they're not from texas. >> bob: they don't get fired in the south? >> eric: chrysler said we don't like to decision. we would have fired them but they can't. >> kimberly: they have protection. bostonright to work means whoever is not a union member...
172
172
Dec 8, 2012
12/12
by
CNBC
tv
eye 172
favorite 0
quote 0
if not a recession, bob riech, these high tax policies are going to slow the growth, make it more anemic. >> let me partially agree with both you and casey. i think that the jobs report today was not good. i think that we are still in a jobs recession. we're still in a gravitational pull of the great recession. and i think we ought to have much more on the demand side. i mean i'm not a supply cider. i see that big companies are sitting on $2 trillion of cash. the people at the top are doing very well. the problem is the median wage keeps on going down. most people don't have the cash to keep buying. so the government has got to step in this is the worst time to raise taxes on the middle class. it's the worst time to cut golf spending. then we really are in a recession. that really will bring on a recession. >> do you agree with that, casey. the worst time to cut government spending? >> well most of this spending we've been doing lately is our transfers. and they're paying people for being poor. paying people for not working. i'm sure they appreciate the help. and it feels good to help th
if not a recession, bob riech, these high tax policies are going to slow the growth, make it more anemic. >> let me partially agree with both you and casey. i think that the jobs report today was not good. i think that we are still in a jobs recession. we're still in a gravitational pull of the great recession. and i think we ought to have much more on the demand side. i mean i'm not a supply cider. i see that big companies are sitting on $2 trillion of cash. the people at the top are...